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Myanmar’s Banking Sector Liberalisation:
A Win-win for All

On 1 October 2014, the Central Bank of Myanmar (CBM) granted nine foreign banks their first operating licences – issued as part of a move to liberalise Myanmar’s banking sector. This is a crucial turning point towards transforming the financial system - a bumpy long-term journey but definitely a win-win for both the banks and the country to propel the growth and development of Myanmar. Read more